Croatian economy is heavily dependent on the success and strength of other European countries. Therefore any negative waves in the economies of Germany or Italy also have a negative impact on Croatia as they are the biggest trade partners. Tourism is an increasingly high source of income. In 2008 over 10 million foreign tourists came to Croatia, making it the 18th major tour destination in the world.
Croatian Currencey
Currency:
Croatian currency has been the Kuna since 1994. It is subdivided into 100 lipa.
1 Croatian kuna = 0.2013 US dollars
ECONOMICS
The Basics:
Croatian economy is heavily dependent on the success and strength of other European countries. Therefore any negative waves in the economies of Germany or Italy also have a negative impact on Croatia as they are the biggest trade partners. Tourism is an increasingly high source of income. In 2008 over 10 million foreign tourists came to Croatia, making it the 18th major tour destination in the world.Currency:
Croatian currency has been the Kuna since 1994. It is subdivided into 100 lipa.1 Croatian kuna = 0.2013 US dollars
Gross Domestic Product:
$63.19 billion US dollarsInflation:
Table of Contents
Population Below Poverty Line:
17% in 2009Unemployment:
16.1%Average Gross Salary:
$1,427 per monthMain Industries:
chemicals & plastics, machine tools, metals, aluminum, paper, wood, shipbuilding, food, beverages, tourismExports:
$10.72 billionExport Goods:
transport, equipment, machinery, textiles, chemicals, foods, fuelsImports:
$21 millionImport Goods:
technology, machinery, lubricants, foodMain Import Partners:
Italy, Bosnia, Germany, Austria, SloveniaPublic Debt:
46.4% of GDP in 2009Revenue:
$20.99 billionExpenses:
$22.35 billionAid:
$179.5 millionForeign Reserves:
$14.89 billionComprehension Check!
1. What country is one of Croatia's main import partners?
A. Bosnia
B. New York
C. England
D. China
2. Croatian currency is called:
A. dollars
B. euro
C. kuna
D. rubie
Highlight below to reveal answers:
1. A 2. C
Information from this page provided by:
http://en.wikipedia.org/wiki/Economy_of_Croatia
http://www.consensuseconomics.com/Croatia_Economic_Forecasts.htm
https://www.cia.gov/library/publications/the-world-factbook/geos/hr.html